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Mamadou
This is a trader from a town near to the capital of Senegal, who has been active in this field for more than five years. This loan will allow him to develop his shop and increase his working capital in order to improve productivity. He also wants to buy some goods in order to boost his stock and satisfy customer demand so that his customers will not have to go to the market to buy their products.
View original language description ↓
Commerçant dans une ville qui se trouve a proximité de la capital du Sénégal, il s'active dans ce domaine depuis plus de 5 ans. Ce prêt lui permettra de renforcer sa boutique et d'augmenter son fonds de roulement afin d'améliorer sa productivité. Il veut assi acheté des marchandises pour renforcer son stock de marchandises afin de satisfaire l'exigence de ses clients et les permettre de ne plus se déplacer au marché pour faire des achats.

Additional Information

About UIMCEC

This loan is administered by UIMCEC, a Kiva Field Partner in Senegal since 2008. UIMCEC is a government-regulated microfinance institution whose mission is to improve the revenue and well-being of families through access to financial services, allowing principally women and young adult micro-entrepreneurs living in rural and semi-rural areas to develop their revenue-generating businesses and supporting them in becoming financially self-sufficient.

About Senegal

  • $1,759
    Average annual income
  • 20
    View loans »
    Senegal Loans Fundraising
  • $13,150,350
    Funds lent in using Kiva
  • 484.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Mamadou to boost his stock.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 26, 2011
Listed
Sep 27, 2011
Currency Exchange Loss:
Covered
Ended:
Aug 19, 2012